eprw

Gold: Beginning Of Bearish Wave 2

Short
eprw Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
I see gold has completed wave 1 (of 5 of major cycle) and begin to form wave 2. I see sell opportunity with decent risk reward ratio, with conservative target on end of wave A of 2 on Fibonacci Extension level 1.00. Remember use proper lot ratio, stop loss & trade safe.
Trade closed manually:
Close manual. Secure 50-70 pips profit.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.